Question
Calculate the yield to maturity and the duration of the following portfolio of bonds. one year T-bill yielding 4.65% Three-year AAA-rated bond paying semiannual coupons
Calculate the yield to maturity and the duration of the following portfolio of bonds.
one year T-bill yielding 4.65%
Three-year AAA-rated bond paying semiannual coupons at 5% with a yield of 5.25%
Two-year BBB-rated bonds paying semiannual coupons at 5.5% with a yield of 6.75%
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The Economics Of Money Banking And Finance
Authors: Howells, Keith Bain
3rd Edition
0273693395, 978-0273693390
